07 May 2022
Please guide can we issue GTA and Multimodal Transporter bill simultaneously. One of my assessee wants bill as if I am GTA and one wants as if I am Multimodal Transporter
07 May 2022
In case GTA charge 12% GST under forward charge it can be done simultaneously. GST rate for multimodal transport: At its 21st meeting, the GST Council proposed a GST rate of 12 % with full ITC on-forwarding charges for composite multimodal transport. Notice No. 13/2018-Central Tax of 26.07.2018 delivered by the Government for this purpose. Now Multimodal transport of goods taxed @ 6 % under CGST. Total GST Rate = 12 % (CGST + SGST); IGST = 12 % .
07 May 2022
No Sir, One of the client is asking to bill without GST mentioning RCM as 'Yes' (i.e. under 5% Category) and another is asking for 12% GST as multimodal transporter. Can this both be done simultaneously.
CAclubindia
